26/02/2024
Trying to decide where you can cut costs for your next event? Here's our spin on what's worth investing in and where you can cut back.
Worth Spending Money On:
Venue: A place that aligns with the theme and size of your event, offers quality facilities, and provides a positive atmosphere for attendees is 100% worth investing in - and can even save you down the line in hire costs if you manage to negotiate a few inclusions in your contract.
Entertainment: Strong & thought-provoking keynote speakers, live bands, DJs, and performers relevant to your event's theme will elevate your audience's perceived value of the overall event.
Food and Beverage: Delicious food wins hearts!
Audiovisual Equipment: Professional-grade audiovisual equipment and technicians will ensure clear sound, crisp visuals, and seamless presentations throughout the event.
Décor and Ambiance: Tasteful décor, lighting, and floral arrangements will create a memorable atmosphere for guests.
Guest Experience: Comfortable seating, convenient parking, and attentive staff really does leave a positive impression.
Marketing and Promotion: Look, there really is no point executing the perfect event if no-one knows about it!
Safety and Security: Invest in professional security personnel, emergency medical services, and adequate insurance coverage.
Where to Cut Back:
Printed Materials: Opt for digital invitations, event programs, and signage to reduce printing costs.
Favours and Swag: Unnecessary giveaways and swag items often end up unused or discarded. Focus instead on meaningful experiences or branded merchandise with lasting value.
Overstaffing: Streamline staffing costs by planning staffing levels based on the size and needs of the event, avoiding unnecessary personnel and $$$.
Customisation: Consider cost-effective alternatives to custom-built elements, such as utilising pre-designed templates or standard configurations for event materials.
